President Biden has insisted in recent weeks that the United States is not in a recession despite two consecutive quarters of economic contraction.
The report was contrary to the administration's theory of where the economy is headed.
The report was celebrated by Mr. Biden. The unemployment rate is 3.5 percent, which is the lowest it has been in more than 50 years. More people are working than ever before.
Today's jobs progress report shows we are making a difference for working families.
As the economy transitions to a more stable state of slower growth and lower inflation, the president expects job creation to slow as well.
It will be a sign that we are successfully moving into the next phase of recovery if average monthly job creation shifts in the next year from current levels of 500,000 to something closer to 150,000.
The White House prepared reporters for the possibility that job growth was cooling in line with Mr. Biden. They were surprised by the job creation number.
The numbers will show that the economy is not in a recession. The current pace of job creation is out of step with the jobs numbers in previous recessions, and proof that a contraction in gross domestic product does not mean the country is mired in a downturn.
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